027: Jack Schwager – Key Lessons Learned From Many of the Worlds Greatest Traders (aka Market Wizards)
Chat With Traders
The Markets Are Not Random
The markets are not random in a couple of ways, says David Frum. He argues that the efficient market hypothesis is wrong for many reasons. There's no way to explain results from too many traders at once, he adds. The same goes for prices: No sane world could it be right if they were free-floating or anything like that,. Mr Frum writes about his thoughts on economics and finance in an upcoming book.
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